With my little 12" planer I've never had a problem with getting my rough stock flat and true. I have put at least a 1,000 lineal feet of stock through it and have never had an issue. My whole kitchen came to me random width and length. If there was a 12' board warped or twisted I'd cut it into shorter usable pieces and then plane it.
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You can flatten with a planer if you use a sled, but that's a much less efficient & complicated way to do it, time wise.
You can joint edges pretty easily with a table saw & jig. A jointer's most important function, in my opinion is to flatten one face. Of course if you have a jointer, you'd use it to joint the edge.
Warning: I'm just going to dump a bunch of photos here...stop reading now if this kind of thing annoys you Bought some lumber last week and some of it the guy was calling 'mysterywood' because he didn't know what it was...pics below.
This one is huge... 6/4x15"x11'...the contrast with the sapwood had me thinking cherry initially
A couple shorter 6/4 boards with some nice figure when I wiped it down...looks and feels like the same species as the first board
And 4 of these guys (6/4x4"x10')....they look and feel like all the same species as the above ones as well
I cut the end off one of them and it looked a lot more pink than I expected:
This stuff all felt really hard and dense, I was sure it was a hardwood of some kind, but the only thing with that pink color I've ever seen is doug fir. And it feels about 4x more dense than any doug fir I've ever laid hands on.
These 2 were advertised as teak (the guy was an old boat captain and had used the stuff to replace and repair in the past). I've never had any teak in the shop, but it felt and smelled like the teak at my local mill:
This one made me think sapele, but it was a similar color and feel as the ones above, so it might be teak as well:
These guys were 12' boards..had to cut 6" off the end to even fit it in my shop They feel a bit oily like an exotic, but the density is pretty middle of the road.
And this last guy was an ugly hideous bent to death board with a foot of check on each end...was about to put it in the fire pile and realized it was probably white oak.
I cut it into smaller pieces since the bow and twist was way too much for me to even get it to stay on my lumber rack...might still end up firewood at some point, who knows, but it was free.
Was a fun trip just seeing another guy's shop. He had decades of dust and dirt in there..also got some random walnut scraps, a few maple boards, and a couple scraps of zebrawood, and one that might be ironwood. Forgot to take photos of the little scraps, ah well. Time for me to sit back and wait for someone to say "it's all pine"...